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Oriole Markets imports and sells small bearshaped piatas. In planning for the coming year, the companst owner is evaluating several scenarios. For each scenario under
Oriole Markets imports and sells small bearshaped piatas. In planning for the coming year, the companst owner is evaluating several scenarios. For each scenario under consideration, prepare a contribution margin income statement showing the anticipated operating income. Consider each scenario is applied independently to the original data. Last year's income statement is as follows: Total Per Unit Sales revenue $963,000 $22.00 Variable expenses 440,000 10.00 Contribution margin 523,000 512.00 Fixed expenses 175,000 Operatingincome $353,000 Fixed expenses increase by $50,000. (Round per unit answers to 2 decimal places, e.g. 0.38.) Oriole Markets Income Statement Total Per Unit Sales $ Variable expenses Contribution margin $ Fixed expenses Operating income $The sales price increases by 12%, variable cost per unit increases by 15%, fixed expenses increase by $30,000, and sales volume decreases by 15%. (Round per unit answers to 2 decimal places, e.g. 0.38.) Oriole Markets Income Statement Total Per Unit Sales $ Variable expenses Contribution margin $ Fixed expenses Operating income $
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